Bitcoin ATMs appeared first in 2013 and since then increased their presence in many countries around the world. At the moment there are 341 bitcoin ATM installed according to our bitcoin machines map.
Bitcoin ATM is one of the fastest ways to get into bitcoins and sell bitcoins for cash in case it supports two-way operations. But in parallel there are many more physical locations, where you can buy bitcoins for cash or sometimes sell. Those services are usually based on the existing infrastructure be it ATMs network, stores chain or agent offices. Here is a list of such services, usually every of them is targeting some geographical local market. Continue reading
There are many different bitcoin ATM providers on the market. If you plan to operate a bitcoin ATM, it is a hard choice which one to purchase.
On our site the full list of bitcoin ATM suppliers is available. It includes also the ones, which don’t even have a bitcoin ATM installed, however at least the prototype was provided to get listed.
You can also find many examples of bitcoin ATM profitability as well as bitcoin ATM profits calculator.
Beware of the scam!
As in many business areas closely related to Bitcoin, there are many scam players trying to cut easy money from new comers or the very risky people. As an example, the Moolah story can be used – the company notably known for Dogecoin support. Alex Green, who as it turned out, had several other names, was promising to deliver a bitcoin ATM to the market, which actually never happened. Finally, he disappeared with funds invested into the company and being at an exchange.